According to Baker McKenzie's latest Global Transaction Forecast, there will be a major rebound in the Transport, Manufacturing and Industrials (IMT) Sector worldwide in 2018. In Africa, M&A activity will be worth US $2.9 billion in Africa and the Middle East in 2018.
South Africa Tender and Business News
The UK-based African Leadership Magazine's Persons of the Year Awards committee just announced the winners for 2017's African Leadership Magazine Persons of the Year Awards.
South Africa is conducting a Trade Mission to Mozambique from March 5-9, 2018. The Department of Trade and Industry (the dti) is inviting Black Industrialists to apply for participation in the event, as soon as possible.
In a major oil industry power play, Sinopec, one of China's largest state-owned companies, is bidding to acquire control of Chevron South Africa. On the table is an R6 billion proposed investment to upgrade and modernize the Cape Town-based oil refinery Chevron South Africa currently owns.
As a means both of doing good for the environment and attracting attention to its products, South African waterless carwash products distributor PearlSA is challenging the country's water-based carwashes to make the switch to waterless polymer-based vehicle cleaning.
The Bestmed Madibaz Athletic Club is hold a number of coaching courses Wednesday, January 10 through Friday, January 12, at Daniel Pienaar Technical high School in Uitenhage, South Africa.
As of January 1, 2018, Republic of South Africa and the People's Republic of China just celebrated 20 years of formal diplomatic relations.
The UK-based Clinigen Group plc, a global pharmaceutical and services company, has reached agreement with Eisai Europe Ltd., the European branch of Japan-based Eisai, for marketing rights to Halaven® (eribulin), Fycompa® (perampanel) and Lenvima® (lenvatinib) into 10 African countries.
HEAD, a Netherlands based premium sporting brand, recently introduced its highly-rated bicycle brand in South Africa for the first time.
Starting January 31, 2018, NdiribhoTV, a South African video streaming service already nicknamed "The African YouTube", is going to launch
South Africa's Limited Pay-out Machine (LPM) gambling industry should generate more revenue and create more job opportunities, now that the new National Central Electronic Monitoring System (NCEMS) has been implemented by the National Gambling Board (NGB)
UK-headquartered Honoris United Universities (www.Honoris.net), the first private pan-African higher education platform, announced that it has signed an MOU with the Egyptian Ministry of Higher Education to establish a branch in the capital city of Cairo.
The last Global Cross-Border Index from consultancy Baker McKenzie and their group in Johannesburg showed Capital raised by domestic IPOs from African issuers went up again, for the second year in a row.
In partnership with group companies in Africa and Europe, Mitsubishi Hitachi Power Systems Ltd. (MHPS) recently delivered the Medupi Power Station's third boiler unit. The Power Station is currently under construction in the Republic of South Africa.
Dutch prosecution officials announced on December 8 that a Dutch businessman living in Cape Town had been arrested on a Dutch warrant. He had been convicted in April of selling weapons to ex-Liberian president/warlord Charles Taylor.
On December 5, the South African Parliament passed a law which will add 11% to the price of soft drinks -- and other sugary drinks -- starting in April 2018.
The South African Social Security Agency (SASSA) issued a warning about new, more involved, and increasing numbers of scams and false information targeting beneficiaries of social grants.
Netherlands-based manufacturer of transformer stations Alfen BV has contracted Solarcentury, the UK’s largest solar company, to build a 2.35 Mwp solar project for food production company Tulip Cocoa Processing Ltd (TCP) in Nigeria.
South Africa's Portfolio Committee on Water is struggling with finding viable solutions for the growing problem of municipalities currently in default in payments to the Department of Water of Sanitation and water boards.
Eskom, the South African power utility, has approved the successful testing and transitioning of Medupi Power Station Unit 4, and provided a Final Acceptance Certificate to General Electric Steam Power Systems for the station. When finished, it will be the fourth-largest coal power plant in the world.
South Africa's Department of Environmental Affairs was the focus of a protest on November 30 by Greenpeace Africa (www.Greenpeace.org/africa) and Earthlife Africa Jhb (http://Earthlfe.org.za), where activists demanded South Africa withdraws the environmental authorisation that has been issued for a proposed nuclear power station at Duynefontein, adjacent to Koeberg in the Western Cape.
The 2017/18 AfriSam-SAIA Award for Sustainable Architecture + Innovation, founded to recognize the importance of sustainable architecture design in Africa, is now open for entries.
This week will see the release of the South African Child Gauge 2017, a report demonstrating that South African is losing billions of rands in human potential each year because of an underinvestment in its children.
Kweichow Moutai, China's national liquor, hopes to enter the African market. It has just launched a promotion drive in Cape Town.
The South African based conservation non-profit African Parks is partnering with the British Military on a unique program to fight poaching in the country of Malawi.